CSIQ vs. ALB
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and Albemarle Corporation (ALB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSIQ or ALB.
Correlation
The correlation between CSIQ and ALB is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CSIQ vs. ALB - Performance Comparison
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Key characteristics
CSIQ:
-0.39
ALB:
-0.91
CSIQ:
-0.20
ALB:
-1.51
CSIQ:
0.98
ALB:
0.82
CSIQ:
-0.42
ALB:
-0.65
CSIQ:
-0.97
ALB:
-1.60
CSIQ:
38.51%
ALB:
34.18%
CSIQ:
84.32%
ALB:
57.86%
CSIQ:
-96.02%
ALB:
-83.90%
CSIQ:
-83.09%
ALB:
-80.91%
Fundamentals
CSIQ:
$726.54M
ALB:
$7.08B
CSIQ:
$0.54
ALB:
-$11.12
CSIQ:
0.16
ALB:
0.99
CSIQ:
0.12
ALB:
1.39
CSIQ:
0.26
ALB:
0.91
CSIQ:
$6.19B
ALB:
$5.09B
CSIQ:
$963.60M
ALB:
$179.90M
CSIQ:
-$14.43M
ALB:
-$811.95M
Returns By Period
In the year-to-date period, CSIQ achieves a -2.43% return, which is significantly higher than ALB's -29.66% return. Over the past 10 years, CSIQ has underperformed ALB with an annualized return of -10.83%, while ALB has yielded a comparatively higher 1.00% annualized return.
CSIQ
-2.43%
45.44%
-1.27%
-31.15%
-10.89%
-10.83%
ALB
-29.66%
13.80%
-41.29%
-53.25%
0.04%
1.00%
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Risk-Adjusted Performance
CSIQ vs. ALB — Risk-Adjusted Performance Rank
CSIQ
ALB
CSIQ vs. ALB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and Albemarle Corporation (ALB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CSIQ vs. ALB - Dividend Comparison
CSIQ has not paid dividends to shareholders, while ALB's dividend yield for the trailing twelve months is around 2.68%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSIQ Canadian Solar Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALB Albemarle Corporation | 2.68% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.02% | 1.74% | 1.00% | 1.42% | 2.07% | 1.83% |
Drawdowns
CSIQ vs. ALB - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, which is greater than ALB's maximum drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for CSIQ and ALB. For additional features, visit the drawdowns tool.
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Volatility
CSIQ vs. ALB - Volatility Comparison
Canadian Solar Inc. (CSIQ) has a higher volatility of 32.69% compared to Albemarle Corporation (ALB) at 10.56%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CSIQ vs. ALB - Financials Comparison
This section allows you to compare key financial metrics between Canadian Solar Inc. and Albemarle Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CSIQ vs. ALB - Profitability Comparison
CSIQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Canadian Solar Inc. reported a gross profit of 217.04M and revenue of 1.52B. Therefore, the gross margin over that period was 14.3%.
ALB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Albemarle Corporation reported a gross profit of 156.30M and revenue of 1.08B. Therefore, the gross margin over that period was 14.5%.
CSIQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Canadian Solar Inc. reported an operating income of -127.10M and revenue of 1.52B, resulting in an operating margin of -8.4%.
ALB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Albemarle Corporation reported an operating income of 19.76M and revenue of 1.08B, resulting in an operating margin of 1.8%.
CSIQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Canadian Solar Inc. reported a net income of 33.90M and revenue of 1.52B, resulting in a net margin of 2.2%.
ALB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Albemarle Corporation reported a net income of 41.35M and revenue of 1.08B, resulting in a net margin of 3.8%.